Japan replaces food aid with funding for agricultural projects in Cape Verde

29 July 2013

The Japanese government plan, from 2014, to replace food aid for Cape Verde with funding for projects to provide water to the agricultural sector on the archipelago, Pan-African news agency Panapress reported.

According to the new approach, the Cape Verdean government proposed that Japan fund the construction of a new dam in São João Baptista, in the interior of Santiago Island and one of the poorest areas on the island.

The new dam will be the 18th one built by 2017, as part o a programme that the Cape Verdean government is implementing with a view to mobilizing millions of cubic metres of water to allow farmers to go back to the land and to combat poverty on the archipelago in a sustainable way.

The Tokyo International Conference on African Development (TICAD), in Yokohama, outlined that Japan would provide subsidised loans to Cape Verde worth 172.3 million euros for projects in the water and energy sectors, and that figure would be split amongst investments in six of the nine inhabited islands of the Cape Verdean archipelago. (macauhub)